On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.
New AI coding tools are accelerating legacy system modernization, raising opportunities and risks for banks, enterprises, and ...
IBM shares plunged 13% after Anthropic said its Claude Code can automate COBOL modernisation—threatening a core IBM mainframe ...
Picture this: a customer wants to instantly transfer money through a mobile app and receive a personalized AI-powered loan offer in real time. Meanwhile, the bank runs on systems designed 40-60 years ...
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IBM killing mainframe coding kit for PCs this year
IBM is killing off a mainframe coding toolkit for PCs and withdrawing all support, directing developers to instead use a cloud-hosted environment for dev and test purposes.… In a notice issued on ...
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